Holley Performance Brands Announces Pricing of a Secondary Offering by Selling Stockholder

Core Viewpoint - Holley Performance Brands has announced a secondary offering of 14,000,000 shares of its common stock at a price of $2.75 per share, with a 30-day option for underwriters to purchase an additional 2,100,000 shares [1] Group 1: Offering Details - The offering is being conducted by a selling stockholder controlled by Sentinel Capital Partners, and all net proceeds will go to the selling stockholder, with no shares being sold by the company [1] - The offering is expected to close on September 12, 2025, pending customary closing conditions [1] Group 2: Underwriters - J.P. Morgan and Jefferies are acting as lead book-running managers for the offering, while William Blair and Canaccord Genuity are serving as joint book-running managers [2] Group 3: Company Overview - Holley Performance Brands specializes in the design, manufacturing, and marketing of high-performance products for automotive enthusiasts, managing a portfolio of iconic brands [7] - The company focuses on four consumer verticals: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing, aiming to impact the automotive aftermarket industry [8]